Search Results for: business
New: Bolt ventures into food delivery business
Bolt ventures into the food delivery business Bolt, a Taxi-hailing service is venturing into the food delivery business in Kenya targeting alternative revenue streams as the market has seen reduced mobility in the wake of Covid-19 restrictions. Bolt advertised the position of Country Manager for its food delivery arm in Kenya signaling the beginning of operations towards the end of the year. “We’re already present in 30+ markets across Europe and Africa. Now, it’s time for us to bring the know-how around building a mobility platform to the food delivery…
Toshiba Exits Laptop Business, The Best for Industry.
Toshiba Exits Laptop Business Toshiba, a Japanese tech giant once well-known for its satellite range of laptops meant for heavy use, has finally decided to quit the laptop business. Toshiba has quietly sold its remaining 19.9 percent stake in its Dynabook laptop brand to Sharp, officially exiting the laptop business. The company earlier sold an 80.1 percent stake to Sharp in 2018. “Toshiba Corporation hereby announces that it has transferred the 19.9 percent of the outstanding shares in Dynabook that it held to Sharp Corporation. As a result of this…
New: OPay shut down all its business operations in Nigeria
News earlier in the week broke that Opera-backed Nigerian fintech startup, OPay has reportedly shut down all its business operations in Nigeria following a letter issued by its foreign investors amidst the poor economic climate caused by the COVID-19 pandemic.. A report claims that all verticals of the startup, including ride hailing, ORide and OTrike — which were still active in other states aside Lagos; the recently launched B2B and B2C eCommerce platforms, OMall and OTrade; OExpress for logistics; and food delivery feature, OFood will be closed down. Opay launched…
Fuji Xerox rebrands to New Fujifilm Business Innovation
Fuji Xerox has re-branded and will be known as Fujifilm Business Innovation as of 1 April 2021 as part of the company’s plans to focus on its existing businesses and expand into new business areas such as cloud, artificial intelligence, and the Internet of Things. Affiliates and sales companies in and outside of Japan will also change their names respectively on the same date, but Fuji Xerox said their new names will be revealed at a later date. The re-branding comes as the company also announced it would not be…
New: Uber to sell its services to local Indian business
Uber is in advanced stages of talks to sell its food delivery service UberEats’ India business to local rival Zomato, as the American ride-hailing giant looks to cut its spending globally, three people familiar with the matter told TechCrunch. The deal currently values UberEats’ India business at around $400 million, one of the sources said. As part of the deal, Uber may invest between $150 to $200 million in Zomato and get a sizable stake in the 11-year-old Indian firm, people said. A spokesperson for Uber declined to comment on Saturday.…
2020 new Cybersecurity trends for businesses
Cybersecurity is key in any business because cyber attacks are a daily occurrence and when an organization is breached, millions to even billions of dollars is lost due to lawsuits, fines and loss of revenues and regaining customer trust? Well, that could take years to build back…if ever. Because of this, I believe that one of the biggest trends to impact cybersecurity in the coming year is the growing importance for organizations to view cyber risk as a measure of business risk because cybersecurity is no longer just the responsibility…
Canva introduces New Business friendly tools for 2020
Aussie-founded design tool Canva has launched a range of new features, including design kiosks, among its business friendly additions for its 20 million users worldwide. At its annual staff event dubbed the Canva Season Opener, Canva on Friday (6 December) unveiled several new products and tools through which it hopes to capture an even greater share of the design market for advertising and social media. Designed with the education sector in mind, but with obvious benefits for business as well, Canva will launch collaborative access to designs in 2020. Originating…
Lyft makes it new easier to track business travel expenses
Lyft announced today that taking a business trip and then actually turning in your travel receipts just got a whole lot easier. A new feature for business profiles will allow employers to create a direct connection between employee trips and travel managers in charge of their reimbursement. While this integrated functionality is not new for the ridesharing company, it is the smoothest it has ever been. In 2016, Lyft launched its business profiles to allow users the ability to easily share receipts via their work emails. Then, in the summer of 2017, the company announced in-app integration…
Facebook may now ban bad businesses from advertising
Facebook will now let you file a complaint about businesses you’ve had a problem with if you bought something after clicking on one of their ads. If enough people complain about a business, it could lead to Facebook banning the company from running ads. The new policy is rolling out globally starting today, and it’s meant to help Facebook fight back against another type of advertising abuse on its platform. Facebook says it’s trying to combat “bad shopping experiences,” which can cost customers and make them frustrated with Facebook, too.…